EMERALDS

Gem miner Magnum Mining & Exploration has initiated operations at its Gravelotte emerald project, in South Africa, to recover a parcel of emeralds allowing for a commercial assessment of pricing. The company on Thursday said that trial mining of th…

JSE-listed Gemfields continues to see “encouraging” signs of a recovery in the emerald sector, product and sales MD Adrian Banks said in a statement on Monday. This follows Gemfields’ latest auction of higher-quality rough emeralds, in Singapore, which…